Like clockwork, I've received CLIs every month for every one of my Comenity store cards. Along with Synchrony, these form about half my total limits. I do shop at all these places, so it's not like they're only for padding, though that is part of their purpose for me.
So last month, I noticed they have a checkbox for authorizing them to check your credit. I tried it, and didn't get any alerts about a hard pull, so I figured it was just a legal thing. One month later and after a few $1k CLIs on two, and two $300 CLIs on two others, I got alerts the next day that I have 4 new HPs on my Equifax report. That's unfortunate, but something I'm always prepared for when requesting a CLI. Cards were for Overstock, Williams-Sonoma, J-Crew, and Buckle. Buckle CLI wasn't even approved, so that really sucks. Express appears to have been a soft pull.
This may only be because of the behavior they're seeing not warranting additional limit. Still, it's worth noting for those using store cards to help rebuild or establish a base of cards that you may want to go easy on the CLI button with Comenity.
I know I'm done asking for more--not worth a HP for $1k. #LessonLearned
Payding down debt to prep for a mortgage.
Cards in my wallet: Amex Gold, Chase Sapphire Preferred, Lowes Advantage
Sock drawer: Lots of old store cards and not great no-rewards cards for history and utilization padding, some lame no AF cards I drunk-apped
Next Cards: AMEX Everyday and Chase Freedom?
Peghede would be proud
. I have 2 that are on the chopping block.
